A decent smattering of those surveyed aren't ready to pack in the active lifestyle just yet, with one in five wanting to use our retirement to play more sport and 11 per cent planning on going to more music festivals once they have their hands on that pension pot.

Those coming to the end of their careers might be in for a surprise, however. The average saver said their retirement would cost a cool £234,000 - but they only expected to have saved up £158,000.